Ag groups are weighing in on Secretary of Agriculture Sonny Perdue’s announcement that the U.S. has suspended all fresh beef imports from Brazil due to safety concerns. National Cattlemen’s Beef Association President Craig Uden supports the move to suspend Brazilian imports because it’s a result of USDA’s science-based testing protocol of imported beef. “This proves our food safety system works …
Conaway on U.S. Halt of Brazilian Beef
“U.S. consumers enjoy the safest food supply in the world…I am committed to keeping it that way.” Following U.S. Sec. of Agriculture Sonny Perdue’s announcement that the U.S. is indefinitely suspending all imports of fresh beef from Brazil, House Agriculture Committee Chairman K. Michael Conaway (TX-11) made the below remarks: “U.S. consumers enjoy the safest food supply in the world …
Perdue: USDA Halting Import of Fresh Brazilian Beef
U.S. Secretary of Agriculture Sonny Perdue announced the suspension of all imports of fresh beef from Brazil because of recurring concerns about the safety of the products intended for the American market. The suspension of shipments will remain in place until the Brazilian Ministry of Agriculture takes corrective action which the USDA finds satisfactory. Since March, USDA’s Food Safety and …
Brazil State-controlled Bank Cuts Credit Lines to JBS SA
A state-controlled bank in Brazil has cut credit lines to meat processor JBS SA, following the plea bargain deal in which the company’s majority owner admitted paying bribes to Brazilian politicians. Meat industry publication Meatingplace reports the bank decided to review the conditions of JBS’ credit limit, and of a loan expiring in 2018. Reuters previously reported that the Brazilian …
U.S. Cattlemen’s Association Heads to Washington
The United State’s Cattlemen’s Association will bring a delegation of producers to Washington D.C. this week to talk issues with legislators. States represented at the fly-in will include Arizona, Indiana, Kansas, Montana, Nevada, North Dakota, Ohio, South Dakota, and Texas. USCA President Kenny Graner says this is an opportunity for cattlemen to put a face on the issues being debated …
U.S. Beef is Back in Brazil
American beef is back in Brazil, after a 13-year hiatus. Stephanie Ho has more on the story. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Brazil Launching Four New Probes Into JBS
Brazil’s securities regulator announced it’s launching four new probes into meatpacker JBS and other companies also controlled by J & F Investments. The probes are looking into suspicious trades made just before markets were rattled by the news of a plea deal by the company’s top executives. The investigation is looking into signs of “possible insider trading” of foreign exchange …
Tight Fuel Ethanol Supplies in Brazil Boost U.S. Exports
U.S. Fuel Ethanol exports are up sharply in the current marketing year, thanks in part to tighter fuel supplies in Brazil, which are resulting in higher U.S. imports. The change can be traced to an increase in the price of sugar in Brazil, which comes from stronger export demand for Brazilian sugar products. As a result of that higher demand, …
Brazil meat Companies Lost $1.5 Billion after Investigation
Meat companies in Brazil lost the U.S. equivalent of $1.52 billion after the nation’s federal police announced an investigation into a tainted meat scandal. Meat industry publication Meatingplace reports an economic measure of the losses discovered the declines that followed an investigation which stopped virtually all exports from Brazil for a brief time. The bulk of the losses were attributed …
63 Indictments in Brazil Tainted Meat Scandal
Brazil has indicted 63 people for their role in a corruption scheme within the nation’s Ministry of Agriculture. Drovers Cattle Network reports the charges allege federal auditors at meat processing facilities took bribes for years in exchange for fraudulent sanitary permits. Suspects in the case are charged with falsifying medical records and certificates, tampering with food products, conspiracy and corruption. …